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Missouri Gambling News Brief
Missouri decision looms on $500 loss limit
Kansas City Star,
Tuesday, January 1, 2008 at 8:20:24 AM
One way or another, the long-running debate over Missouri’s $500 casino loss limit is likely to end in 2008.
Industry interests last week filed paperwork with the Missouri secretary of state seeking a statewide referendum in November to repeal the limit that critics say steers high rollers away from the Show-Me State’s riverboats while invading the privacy of every gambler.
The rules, which require players to be identified and their wagers tracked, were put in place in the early 1990s as a way to protect compulsive gamblers from themselves.
Results have been mixed at best. The Missouri Gaming Commission estimates that only about 2 percent of gamblers reach the easily cheated limit that restricts gamblers to a $500 buy-in every two hours.
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